Gas price rise to have minimal impact on gloves

Rubber glove makers are likely to absorb most of the cost increase amid falling price trends and the influx of supply coming to the market, said analysts.

PETALING JAYA: The impact of the recent natural gas price hike on rubber glove manufacturers is likely to be minimal as it accounts for only about 10% of the glove manufacturing cost.

Rubber glove makers are likely to absorb most of the cost increase amid falling price trends and the influx of supply coming to the market, said analysts.